INDIA

Laborer at work

Growth Disappointments Drag India Funds Down

Worries that India's evolution into an economic superpower may be overhyped and signs the government may lack the will to further dismantle a protectionist legacy drove India-themed funds to the bottom of performance league tables in November.

World's Biggest Jewellry Maker to Import More Gold

Gold jewelry
India's Rajesh Exports, the world's biggest jewellery maker, expects to raise gold imports 17 percent next year to power its renewed thrust in the competitive and fragmented local jewellery market as a cushion against a volatile export market, its chairman said on Wednesday.
France's President Sarkozy sits next to German Chancellor Merkel and European Commission President Barroso at the EPP congress in Marseille

Global Military Balance Shifts as Economic Winter Hastens Europe’s Decline

A shift in the global military balance is one of the inalienable fallouts of the economic winter experienced by the Western world. While military spending in the U.S., the reigning super power, is increasingly coming under a scanner, the extended defense holiday in Europe signals that the continent’s global influence is on irreversible decline.
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Aishwarya Rai Bachchan

Aishwarya Rai's Baby Gives Mom 1-year Break

Rumors suggesting Aishwarya Rai would be making a comeback to the silver screen with Sanjay Leela Bhansali have been crushed, after the Bollywood icon allegedly revealed to a friend she would be taking at least a year off to be with her new baby, Apun Ka Choice reported.
At Work

India's Economic Slowdown Likely to Prolong

If Indian policymakers are hoping the country's slowing economy can rebound largely the same way it did from the 2008 global financial crisis, they are dreaming. India's economic slowdown is likely to prolong.
Gold

Gold in Demand Due to Bullion Price Drop

A sharp drop in bullion prices prompted some buying interest on Asia's physical market, but many remained reluctant to purchase large quantities as the year end approaches and the eurozone debt crisis threatens to further sink prices.
Laborers at work

India’s Inflation Drops to 9.04 Percent: Poll

India's headline inflation likely eased in November to 9.04 percent from 9.73 percent the month before as food prices fell to their lowest in nearly three-and-a-half years, a Reuters poll showed.
Greenpeace activists hold a mock party opposite the venue where the United Nations Climate Change Conference (COP17) is being held, in Durban December 10, 2011.

Durban deal may do little to cool heating planet

The world is forecast to grow hotter, sea levels to rise, intense weather to wreak even more destruction and the new deal struck by governments in Durban to cut greenhouse gas emissions will do little to lessen that damage.
United Nations (UN) Framework Convention on Climate Change Executive Secretary Christiana Figueres speaks with Brazil's Minister of Environment Izabella Teixeira (L) and chief climate envoy Luiz alberto Figueiredo during a plenary session at the Unit

New U.N. Climate Deal Struck, Critics Say Gains Modest

Countries from around the globe agreed on Sunday to forge a new deal forcing all the biggest polluters for the first time to limit greenhouse gas emissions, but critics said the plan was too timid to slow global warming.
Strawberry

Strawberries and Dreams in India's Hill Districts

Farmer Shripati Nana Jadhav has good reasons to be a fan of strawberries - they've funded construction of his simple, spacious house near the hill station of Panchgani and allowed him to send his four children to college.
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India's industrial output slumps, pressures central

India's industrial output fell in October for the first time in more than two years as capital goods investment slumped, ramping up pressure on the central bank to ease monetary or liquidity conditions, possibly as soon as Friday.
Google’s infographic

Top 10 Most Android ‘App-Crazed’ Countries

Following Google’s recent announcement that Android Market has reached an important milestone - 10 billion downloads per month – the Internet search engine giant also released a detailed infographic that showed how the world is being driven forward by Google power.

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